De Soto Dr Sanford, FL 32771
- Mixed-use properties
- 1 SF
- 0.60 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for De Soto Dr
- Year built
- 2024
- Lot size
- 0.60 lot acres
- Property size
- 1 SF
- Property type
- Mixed-use properties
Description
This exceptional 0.6-acre parcel located at 0 De Soto Drive, Sanford, Florida, presents a unique investment opportunity in a thriving market. Currently zoned GC2, this property offers significant flexibility for future development. Its current use as a parking lot provides immediate income potential, while the zoning allows for a variety of development options. Prospective buyers can explore the possibility of constructing 3-4 single-family homes, 3-4 townhomes, or 2 duplexes, catering to diverse housing demands. Alternatively, the property could be maintained under its current GC2 zoning, continuing its use as a parking lot or exploring other compatible commercial ventures. The property's location within the rapidly growing city of Sanford ensures strong potential for appreciation and return on investment. Detailed zoning information and development possibilities should be verified independently through the City of Sanford. This is a prime opportunity for developers and investors seeking a versatile and strategically located property in a dynamic Florida market. The asking price is $175,000. The property's size is listed as 1 square foot, however, the acreage is confirmed as 0.6 acres. All interested parties are strongly encouraged to conduct their own due diligence regarding zoning regulations, development permits, and all other relevant factors before making an offer.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Seminole
- State
- Florida
- Longitude
- -81.2747
- Latitude
- 28.779
